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Home > "Interior Won't Lower Offshore Drilling Royalty Rates"

"Interior Won't Lower Offshore Drilling Royalty Rates" [1]

"The Interior Department will not be lowering the royalty rates from profits made from offshore drilling, despite a recommendation from an agency committee comprised largely of energy industry representatives.

Interior Secretary Ryan Zinke announced Tuesday that he will not lower offshore oil & gas royalty rates from drilling on federally controlled waters, citing "record" energy growth.

“The pilot light of American energy has been re-lit by President Trump, and the President’s energy dominance strategy is paying off,” Zinke said in a statement."

Miranda Green reports for The Hill April 17, 2018. [2]

Energy & Fuel [3]
Environmental Politics [4]
Laws & Regulations [5]
National (U.S.) [6]
Public [7]
Source: The Hill [2], 04/18/2018
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Source URL:https://www.sej.org/headlines/interior-wont-lower-offshore-drilling-royalty-rates

Links
[1] https://www.sej.org/headlines/interior-wont-lower-offshore-drilling-royalty-rates [2] http://thehill.com/policy/energy-environment/383564-interior-wont-drop-offshore-royalty-rates [3] https://www.sej.org/category/topics-beat/energy [4] https://www.sej.org/category/topics-beat/environmental-politics [5] https://www.sej.org/category/topics-beat/laws [6] https://www.sej.org/category/region/national [7] https://www.sej.org/taxonomy/term/81